Lawrence Baraza
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International
Canadian University Announces $11 Million Scholarships For African Students
The University of Ottawa in Canada has unveiled its $11 million Entrance & Excellence scholarships aimed at African students pursuing…
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Northern Africa
Ghana Secures Debt Relief, to Restructure $13 Billion Eurobond Debt
Ghana is facing a significant balance of payment gap, currently in the final stages of reaching an agreement to revamp…
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Northern Africa
Nigeria Grappling With Forex Shortage to Clear Backlog – Fitch
Fitch announced Thursday that the Central Bank of Nigeria (CBN) is still grappling with a foreign exchange shortage needed to…
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Wealth Creators
Dangote’s Networth Up $2 Billion in January 2024
In the first 17 days of 2024, Aliko Dangote saw a significant rise in his wealth, with an increase of…
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East Africa
IMF Approves Ksh.150 Billion Loan for Kenya
The International Monetary Fund (IMF) has approved a loan of Ksh.150 billion (USD 941.2 million) for Kenya. This decision, made…
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Corporate
AfDB Injects $10.5 Million in Seedstars Africa to Boost African Businesses
The African Development Bank (AfDB) has said it will invest $10.50 million in Seedstars Africa Ventures S.L.P., a venture capital…
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Corporate
Cytonn Fails to Stop its 40-acre Land Takeover
The High Court has granted permission to the Official Receiver to assume control of a 40-acre land in Ruiru, Kiambu…
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NCBA, Strathmore Partner for Owner Manager Programme for SMEs in East Africa
Over 25 owners of small and medium-sized enterprises (SMEs) have completed the Enterprise Development Programme, earning a certificate. This programme…
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Markets
Kenya Now Considering Swap Deal to Refinance $2 Billion Eurobond as Deadline Looms
As Kenya faces a looming deadline to repay its maturing $2 billion Eurobond, it is considering a swap deal that…
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East Africa
Tanzania Rescinds Decision to Suspend KQ Passenger Flights to Dar
Kenya has given Air Tanzania Company Limited the right to carry cargo between two foreign countries, starting from 16 January…
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